$PEPE is giving back some of the run, down just over 4% in the last 24 hours as sellers take profits into a softer meme tape. The pullback is orderly so far — volume is still healthy at around $20m, which suggests positioning rather than panic. Traders are watching whether buyers step in and defend the recent range, or whether the slide deepens and drags the rest of the meme cohort with it. One level to keep an eye on is the overnight low — holding it keeps the bounce thesis alive. Risk appetite across the board will decide the next leg. Not financial advice. #BinanceSquare #PEPE #Crypto